UNIT 6

PROSPERITY AND DEPRESSION 1919-1939

The post war boom of the 1920s brought major economic and societal changes. The reparations imposed on Germany would have international repercussions on France and Great Britain and precipitate America and the world into a Great Depression. A stock market crash and the ineffective response of President Hoover to the economic panic would bring the nation to elect President Franklin D. Roosevelt whose New Deal programs would strive to bring about "relief, reform and recovery."